The AOCE and WB have moderate overall forecasts for the metals in 2025 inline with IMF forecasts for a decline in economic growth and inflation, although we see the probability of a stagflationary scenario as still reasonably high.Read More
The past year was a difficult one overall for the metals, with the main standouts to the upside being a geopolitical risk-driven gain in gold, a China-driven rise in iron ore and a surge in uranium on broadening global support for nuclear power (Figure 1). A jump in global interest rates to near two-decade highs saw recession fears persist all year, and while one still did not actually eru...Read More
This year the post-global health crisis boom was brought to an end by a surge in inflation to forty-year highs, a major rise in global interest rates in an attempt to curb the rising prices and surging geopolitical risk after Russia's invasion of Ukraine. While precious metals held up reasonably well as markets turned to them as a risk hedge, by Q2/22 the higher interest rates put an end t...Read More
Chile is the world leader in copper production, at 28.5% of the total in 2020, and this looks set to continue, with the country having the largest global reserves, at 23.0% of total. It is also the global leader for molybdenum, which is often found along with copper, and is a major lithium player, holding 51.1% of global reserves. Read More
Newfoundland has become a gold exploration hotspot over the past few years, with the sector seeing some of its strongest activity ever. While the province remains a small contributor to Canadian gold production, it has a substantial mineral industry well supported by the government, focused on iron ore, copper and nickel, and the surge in exploration suggests that gold output from the...Read More
Nevada is the core of the U.S. gold output, accounting for by far the majority, at 75.4% on average for the past year. The state looks set to remain a dominant player in U.S. gold, as it accounts for 49% of total U.S. reserves, with Alaska slightly ahead with 51% of reserves, but just 8.6% of current production. The U.S. accounts for 6.1% of global gold output, making Nevada one of the largest gol...Read More
The Golden Triangle in northwestern British Columbia has historically been a major site of Canadian gold production, beginning as early as the mid 1800s. There was a wave of production in the 1990s which cooled as the gold price declined, but larger scale production resumed in 2017, and the area has seen surging exploration interest over the past year, given that the region has some of the largest...Read More
In this report we outline the Quebec gold mining industry, including its major producers, and a survey of many of the junior miners focused on the province. Quebec accounts for 34% of Canadian gold production (second to Ontario, with 44%) and remains a major focus for both producers and junior miners.Read More
Red Lake has been one of the most prolific gold mining districts in Canada and the world, with exploration having started in the 1920s, and production, which began in the 1930s, continuing to the present day. The district is known for the high grade of its gold, its infrastructure, and strong institutional support, given the long history of mining in the area.Read More
Scoped for growth: Nevada Copper shifts into production modeSPONSOREDnevada copper corp.Solaris said the above-mentioned hole had returned 0.59% copper, 0.03% molybdenum and 0.05g/t gold, "far beyond the length of the corresponding historical hole and bottoming in mineralisation at the depth-capacity of the rig".The other two results were 918m at 0.5% Cu-eq and 884m at 0.62% Cu-eq, all from drilli...Read More
Solaris Resources (TSXV: SLS) has reported new assay results that feature strong copper intercepts from its flagship Warintza project in southeastern Ecuador, about 85 km east of the city of Cuenca in the Cordillera del C??ndor, an inland mountain range forming the border between Ecuador and Peru.The company reported results from three drill holes, part of a 40,000 metre diamond drill program, tha...Read More
Vancouver-based Alexco Resource (TSX: AXU; NYSE-AM: AXU) has successfully commissioned the mill at its Keno Hill silver mine in the Yukon, with production of initial concentrates underway.Keno Hill consists of four deposits, including the past-producing Bellekeno underground mine, which is the initial source of ore for mill commissioning and production."Initial commissioning of our mill is a signi...Read More
Support from coal miners helped Donald Trump win the presidency of the United States four years ago. Now, the leader of the nation's top mining union is calling on Trump to "move on", adding that ongoing efforts to challenge vote counts and pressure state elections officials are a "threat to our entire form of government and the American way of life."While the U.S. General Services Administration...Read More
Since completing the longest diamond drill hole (3,467 metres) in Canadian history in January at its Windfall gold deposit in Quebec's Abitibi greenstone belt, Osisko Mining (TSX: OSK) has continued to release a steady stream of news - despite the coronavirus pandemic.In February the company updated the resource estimate for Windfall based on 2,941 drill holes completed between October 2015 and Ja...Read More
Toronto-based gold miner Wesdome Gold Mines (TSX: WDO) has provided a reconciliation update for its past-producing Kiena mine complex in Quebec. Overall, muck and chip samples suggest good correlation of the underground mineralization with the block model.With 123 metres of underground development completed to date at the Kiena Deep A and A1 zones, this work has confirmed the strike continuity of...Read More
Australian lithium miner Galaxy Resources (ASX: GXY) plans to raise A$161 million (about US$118 million) to fund development of its projects in Argentina and Canada.Most of the capital raised will be used to advance the first stage of development of the company's Sal de Vida lithium brine project, in Argentina, it said.Front-end engineering and design for stage 1 of that project is slated for com...Read More
I think it's been a while since a good rant has appeared in these pages, so here goes. Do you remember when this pandemic started? It seems like it was ages ago, but the first case in the U.S. was confirmed on January 21. It was declared a worldwide pandemic on March 11. On March 19, California became the first state to issue stay-at-home orders. You know the rest of the story. During those firs...Read More
Western Copper and Gold Corporation is pleased to announce thatRead full newsRead More
Renforth Resources Inc. is pleased to announce a first successfulRead full newsRead More
Brigadier Gold Limited is pleased to announce assay results for tRead full newsRead More
Sixty North Gold Mining Ltd. Further to the Company's press releaRead full newsRead More
Pacific Empire Minerals Corp. is pleased to provide an update onRead full newsRead More
A.I.S. Resources Limited announces that due to significant investRead full newsRead More
The Dow Jones Industrial Average topped 30,000 for the first time and investors piled into risk assets as a series of market-friendly developments unleashed animal spirits on Wall Street.Read full newsRead More
VVC Exploration Corporation announces the following: Debt ConversRead full newsRead More
In a day that's often good for gold and mining stocks, investors are selling everything.Read full newsRead More
Vancouver, BC November 24, 2020 - KORE Mining Ltd. (TSXV: KORE | OTCQX: KOREF) ("KORE" or the "Company") announces that the Board of Directors is considering maximizing the value of its gold portfolio by splitting KORE's US development assets and Canadian exploration assets into separate publicly listed companies by way of a "spin-out" ("Transaction") to KORE shareholders. The Board has authoriz...Read More
Vancouver, BC - Siyata Mobile Inc. (NasdaqCM: SYTA, SYTAW ) (the "Company" or "Siyata") is pleased to announce it has entered into a distribution agreement with pei tel Communications GmbH, a distributor based in Germany, for its Siyata UV350. pei tel's distribution countries include Germany, Austria, Switzerland, Belgium, Netherlands, and Luxembourg.pei tel, a company of the Peiker family, spe...Read More
Vancouver, BC - Ovation Science Inc. (CSE: OVAT) ("Ovation" or the "Company"), announces that by mutual agreement its Licensing Agreement of November 10, 2017 with Lighthouse Strategies, LLC. ("Lighthouse") has been amended in order to facilitate Ovation's prospective expansion plans into additional states beyond Nevada in the US (the "Amendment"). Due to the continuing refinement of Ovation's b...Read More